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EFCC Bursts Syndicate of 792 Cryptocurrency Investment, Romance Fraud Suspects in Lagos … Arrests 193 Chinese, Arabs, Filipinos, Others

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The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has disclosed that the Commission, in a landmark raid, arrested 792 suspects for their alleged involvement in cryptocurrency investment fraud and romance scam.
The suspects were apprehended on Tuesday, December 10, 2024, in a surprise operation at their hideout, an imposing seven-storey edifice known as Big Leaf Building, on No.7, Oyin Jolayemi Street, Victoria Island, Lagos , following verifiable intelligence received by the Commission .

Speaking during a media briefing on Monday, December 16, 2024, at the Lagos Zonal Directorate of the Commission, Olukoyede stated that 148 Chinese, 40 Filipinos, two Kharzartans, one Pakistani, one Indonesian were arrested during the operation.

The EFCC’s boss, who spoke though the Director, Public Affairs, EFCC, Commander of the EFCC, CEWilson Uwujaren, further stated that the foreign nationals used the facility, which could be mistaken for a corporate headquarters of a financial establishment, to train their Nigerian accomplices on how to initiate romance and investment scams and also used the identities of their Nigerian accomplices to perpetrate their criminal activities.
According to him, “All the floors are equipped with high-end desktop computers. On the 5th floor alone, investigators recovered 500 SIM cards of local telcos that were bought for criminal purposes.

“ Their Nigerian accomplices were recruited by the foreign kingpins to prospect for victims online through phishing, targeting mostly Americans, Canadians, Mexicans, and several others from European countries.
“They usually arm them with desktop computers and mobile devices and create fake profiles for them.

“The Nigerian accomplices are equally provided with logs that allow them access to foreign communication lines and victims, which they chat with on WhatsApp, Instagram and Telegram.”

While giving further details about the modus operandi of the syndicate, the EFCC Chair said the Nigerian accomplices, who are assigned WhatsApp accounts linked to foreign telephone numbers, especially from Germany and Italy, engage victims in romantic conversations as well as phantom business and investment discussions to trick them to shop on the purported online investment shopping platform called www.yooto.com.

He added: “For those who show interest, activation fees for an account on the platform starts from $35USD.

“Investigation revealed that the criterion for recruiting these young Nigerians is proficiency in the use of computers, especially typing skill. Those who passed the test are given desktop computers and mobile devices and then taken through a two-week induction on how to personate foreign females in romance scam chats and convince victims to invest in their employers’ cryptocurrency investment scam.

“Once the Nigerians are able to win the confidence of would-be victims, the foreigners would take over the actual task of defrauding the victims and proceed to block their Nigerian accomplices from the network. This would then leave them in the dark about the transaction.”

He, however, said the Nigerians involved in the alleged fraudulent activities “do not know the owners of the ‘company’ they work for because they are not offered letters of appointments or receive payment from a corporate account.”

According to him, the suspected Nigerian accomplices are usually paid either in cash or through an individual’s account.

Olukoyede said the Commission was working with its foreign partners to establish the extent of the scam and the accomplices as well as the likelihood of any collaboration with organized international fraud cells.

The EFCC Chair also used the occasion to debunk the notion that Nigerians are behind the tonnes of frauds emanating from the country.

“Foreigners are taking advantage of our nation’s unfortunate reputation as a haven of frauds to establish a foothold here to disguise their atrocious criminal enterprises. But, as this operation has shown, there will be no hiding places for criminals in Nigeria,”he said.

Also speaking during the occasion , the acting Zonal Director, Lagos Zonal Directorate of the Commission, Michael Wetkas, sought greater collaboration with the media in the fight against corruption and economic and financial crimes.

Items recovered from the suspects include desktop computers, mobile phones, laptop computers and cars at the point of arrest.

The suspects will be charged to court after investigations are concluded.

Visit www.efcc.gov.ng for more stories

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Tradie reveals six-figure salary of job with ‘no shortage of work’

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ACanadian expat who earns up to $120,000 a year as a heavy machine operator in Australia has said there is ‘no shortage of work’ in his industry.

The tradie said there were no qualifications to operate heavy machinery in Canada during an interview with job-matching app Getahead.

‘Here [in Australia] you need a bunch of tickets to be able to operate everything. When I got to Australia it took me about a month to get all my certifications and then I was good to go,’ he said.

The tradie ran his own construction business in Canada but sold it so that he could move to Australia and enjoy a warmer climate.

He plans to obtain his permanent residency and start his own business in Australia.

The tradie said construction is a great industry for Aussies ‘if you like to work with your hands’ and be challenged on the job.

He added there was no shortage of work and that tradies ‘will always be employed’.

More than 1.3million Aussies are employed in the construction industry and earn a median weekly wage of $1,598, according to figures by Jobs and Skills Australia.

A Canadian expat (pictured) who earns up to $120,000 a year operating heavy machinery has said there is ‘no shortage of work’ in his industry

 

The tradie said construction is a great industry for Aussies ‘if you like to work with your hands’ and be challenged on the job (stock image)

Australia needs around 130,000 workers over five years to join the industry to meet current infrastructure demand according to Master Builders Australia.

The nation’s peak building and construction association said productivity has declined 18 per cent across the industry over the last decade.

Master Builder’s CEO Denita Wawn said the issue is putting more pressure on workers and employers and urged the government to increase skilled migration and provide better support for apprentices.

‘It will require a holistic approach across federal government portfolios from migration, skills and training through to industrial relations,’ she said.

Australia needs 90,000 workers to meet the government’s ambitious housing target.

In 2023, Labor announced intentions to build 1.2million homes over a five-year period as part of the National Housing Accord.

Around 60,000 new homes will need to be built every quarter to achieve the goal.

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Bello Turji, loyalists relocate to new hideout after military onslaught

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Loyalists of the notorious bandit leader Bello Turji have reportedly relocated to a new hideout in the Garsa/Kadanya area of Bayanruwa, within Maradun Local Government Area of Zamfara State.
According to intelligence sources, available to Zagazola Makama, the movements were observed between January 19 and 20, with Turji’s followers—many on motorcycles and carrying wounded members—passing through Galadi, Damaga, Rudunu, and Danbenchi en route to the new hideout.

The new location is reportedly under the control of Jummo Smally, a former rival of Turji, and has previously served as a safe haven for bandits. Some of the fleeing bandits are also believed to be moving through Rudunu, Bankamawa, and Farfaru in the Faru District, as confirmed by security operatives.

Local sources revealed that injured bandits are being treated at the Garsa/Kadanya hideout, prompting authorities to warn health workers in the area against providing medical assistance to them.

The relocation follows intensified military operations in the region, which have forced Turji and his loyalists to abandon their previous camps.

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Ondo Police Arrest Notorious Child Trafficking Syndicate with 14 Stolen Children

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The Ondo State Police Command has apprehended a syndicate whose specialty is in child stealing and trafficking. A case of a missing child was reported at Okuta Elerin-Nla Division in Akure.

A complainant reported that a man, Samuel Adejobi (real name: Lukman Isiaka, m age , 42 years), and a woman, Ewatomi (real name: Abosede Olanipekun), came to her shop pretending to be siblings to eat, while playing with the complainant’s child, Abosede deceived her by claiming she wanted to buy biscuits for the baby.

Meanwhile, Lukman distracted the complainant by engaging her in a personal conversation and requested she followed her to Olukayode plaza in the market to get a mobile phone, on getting to the market area, he abandoned her and left, on getting back to the shop, the complainant discovered that her child was missing with no trace of Abosede the supposed sister of the man she followed to the market, thus a report was made at the Division.

Through intelligence-led policing, the suspects were traced to Ottah Village in Edo State, where they were arrested.

During interrogation, the suspects admitted to abducting the child and other children from Ondo and Osun States and selling them to one. Sabira Izuorah ‘f’ age 62 years) in Ihiala, Anambra State, at the rate of One Million Naira (₦1,000,000) per child.

Subsequently, Sabina was arrested in Ihiala and the following babies were found in her custody:
1.Baby Favour (female, 3 weeks old)
2.Baby Chidera (female, 2 weeks old)
3.Baby Chinyere (female, 2 months and 5 days old)
4.Baby Uzoma (male, 1 week old).

Also, on the 14th of January 2025, ten children sold by Mrs. Izuorah were rescued from various locations, and the following were identified by their parents:
1.Dauda Alarape (male, 3½ years)
2.Babalola David (male, 4 years)
3.Asaolu Pamilerin (7 years)
4.Ayomide Abass (male, 2 years, stolen from Orita-Obele, Akure)
5.Komolafe Oluwasekemi (female, 4 years, stolen from Igado, Ilesha)
6.Adedeji Olalekan (male, 6½ years)
7.Ahmed Abdulrasaq (male, 5½ years, stolen from Ibodi Town, Osun State)
8.Mary Wuraola (female, 2 years, stolen from Ilesha, Osun State)
9.Mubarak Akinwunmi (male, 6 years, stolen from Osogbo, Osun State)
10.Unknown child (name/parents yet to be identified, stolen from Osun State).

Some children are currently on the missing list while efforts are ongoing to locate and rescue them.

The suspects will be charged to court upon completion of the investigation

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